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Concord hears request for 3-year, 85% economic development grant from Nickelock Paving
Summary
Nickelock Paving requested a three-year, 85% economic development grant tied to a planned 30-job manufacturing project in Concord; city staff presented project investment, job and revenue estimates during a public hearing, with further review and questions from council.
Nickelock Paving Stones LLC asked the Concord City Council on Tuesday to renew a three-year, 85% economic development grant for a proposed manufacturing facility at 3010 Newtown Way SW that the company says would create 30 full‑time jobs and represent an estimated $10,550,820 investment in real and personal property.
The request was presented during a public hearing by a representative identified as James of Cabarrus Economic Development, who said the company “has been a leading manufacturer and retailer of premium hardscape supplies for more…
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